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Nick Van Tasse
stanley quencher ll got tangled up in a cryptocurrency investing scheme that lasted nearly a year. It s very foolish of me, he said. It s difficult. Van Tassell had been a client of TD Ameritrade, which was acquired by Charles Schwab.It was around that time that Van Tassell received a message from two people claiming to be Charles Schwab employees on the messaging platform WhatsApp. I said, well, that makes sense because they reached out to me within a week of acquiring TD Ameritrade, he said.The scammers, claiming to be analysts, sold Van Tassell on an investment in Bitcoin. They used the names o
stanley cup quencher f actual Charles Schwab employees, had him download an app on Google Play, and even sent an investment agreement using the Charles Schwab logo.As his investments grew, Van Tassell said the scammers asked for more money in fees and commiss
stanley canada ions. I took out a home equity line of credit on the house and I paid with that, he said.Van Tassell saw none of the alleged gains. From October of last year to July, he said his losses added up to about $350,000.Thousands report investment scamsSince 2020, the Better Business Bureau says it has received more than 4,000 reports from consumers about investment scams. In 2021, the median loss reported was $1,000. That figure jumped to nearly $6,000 this year.Melanie McGovern, national spokesperson with the BBB, said 80% of people who reported investment scams to the organization lost money. Its really important to know who youre investing with, she Ywyu Milwaukee Police investigate the second shootout of the weekend
PHOENIX, Ariz. 鈥?It s important to double-check the information in Facebook posts and on social media because sometimes it s misunderstood or outright wrong.A series of posts on Facebook recently began circulating that suggested the Biden administration was looking to tax payments made on internet platforms, like Venmo, PayPal, and Cash App, that are more than $600.However,
stanley vaso that is not necessarily correct. What the debate is about is a proposal to increase the amount of information the IRS can get. It s not ab
stanley canada out changing whether or not something is subject to tax or not, said Erin Scharff, an assistant professor of law at Arizona State University s Sandra Day O Connor School of Law.She said most people pay their taxes honestly because employers report their income to the IRS on an employees W-2 forms. The recent Biden administration proposal - and it s only a proposal - is aimed at tracking the income that s not reported by employers, which the IRS amounts to $166 billion in lost tax revenue each yea
stanley cup r.At the most basic level, the proposal calls for your bank and other platforms you use, like Venmo, PayPal, or Cash App, to create a report that is sent to the IRS every year that shows inflows and outflows with a breakdown for physical cash, transactions with a foreign account, and transfers to and from another account with the same owner. What is not clear is how the IRS would use this information when we all file our taxes.For example, if you split rent with a roommate and